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yea, was chatting with Matt about this twitter.com/TaylorPearsonM Glad to know I am getting tagged in all Kelly bet sizing discussions now. :)
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Replying to @breakingthemark
He said basically the same thing on Tyler Cowen's podcast At the time, I thought I didn't understand something b/c it seemed like an incredibly elementary mistake for someone that works at a MM firm. twitter.com/TaylorPearsonM
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The attitude only makes sense if your current existence is suicidally *low* utility. The utility of the upside doesn’t matter at all. What matters is that you don’t care if you die *now* because you think current existence sucks for you and by sociopathic extension for everybody.
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